Kraken has expanded its presence in advanced trading by acquiring Breakout, a young but fast-growing crypto-native proprietary trading 0 deal, completed on September 1, comes less than two years after Breakout was 1 move marks another step in the crypto exchange’s broader strategy to build a full trading ecosystem for professional 2 Opens Path for Traders to Prove Skills and Access Capital As announced , Breakout was designed to help traders prove their strategies and gain access to capital without putting up their own 3 completing an evaluation process, users can receive up to $100,000 in notional capital per account or up to $200,000 across multiple 4 who pass the assessment must respect strict drawdown limits, but they can keep as much as 90% of the profits they generate.
Reportedly, traders can get paid anytime, earning rewards directly for their 5 of needing large amounts of money, Breakout focuses on proof of 6 lets disciplined traders show how they manage risk and use strategies in real 7 gives talented traders without big resources a chance to grow and 8 Acquires Breakout to Boost Performance-Based Trading Breakout offers trading in over 50 cryptocurrency 9 can use up to five times leverage on Bitcoin (BTC) and Ethereum (ETH) 10 platform was founded in 2023 by a group of well-known crypto traders and 11 quickly stood out by combining learning, trader evaluation, and access to real markets. Kraken, which is eyeing to go public in 2026 , plans to integrate Breakout into its Kraken Pro 12 is poised to give eligible users the ability to move seamlessly from learning to deploying capital at scale.
Breakout’s founders say the move from early Telegram discussions to a full acquisition by Kraken highlights the strong demand for performance-based 13 believe this journey reflects how quickly interest in such opportunities is 14 a recent X post, Breakout leadership said the idea started as a project led by the community. Now, it is ready to grow inside one of the world’s biggest 15 Industry Sees Big Wave of Mergers in 2025 The deal also shows the rise of mergers and acquisitions in crypto in 16 clearer rules under the Trump administration, exchanges and financial firms are joining forces and expanding their 17 this year, Kraken agreed to buy 18 futures platform NinjaTrader for $1.5 19 company said it was the biggest deal yet between crypto and traditional 20 large deals also happened this 21 bought Deribit for $2.9 billion, Robinhood purchased Bitstamp for $200 million, and Ripple acquired Hidden Road for $1.25 22 moves show that the crypto industry is growing fast and putting big money into building stronger systems for the future.
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